GE Vernova stock price drops 3%, Vertiv Holdings and Eaton resist selling pressure
2026-08-31 22:14:16
According to CoinMeta, the stock price of GE Vernova fell by 3% on Monday, following a year-to-date increase of 40%. The announcement of the successor for CFO provided a convenient excuse for profit-taking investors to reduce their gains. Meanwhile, the stock prices of Vertiv Holdings and Eaton remained relatively stable, while Grid ETF rose by 0.3%, indicating a re-pricing of individual stocks rather than a widespread sell-off across the industry. The record $176 billion in order backlogs and an 88% increase in orders for GE Vernova stand in sharp contrast to its wind energy division's forecast of facing approximately $400 million in EBITDA losses in 2026.
Source:Internet
This content is for market information only and does not constitute investment advice.
Follow CoinMeta official accounts to stay updated

Hot Articles
Refresh

'No longer a distant place': F2Pool Co-founder Chun Wang joins SpaceX's 2-year mission to Mars
05-22 18:25

Polymarket Targets Japan Approval Despite Gambling Laws
05-22 18:00

ZachXBT flags suspected exploit involving Polymarket's UMA adapter contract on Polygon
05-22 17:57

ZachXBT flags $520K Polymarket exploit on Polygon, team says funds are safe
05-22 17:24

Verus bridge exploiter returns 4,052 ETH, retains $2.8 million bounty: onchain analyst
05-22 17:24



